As many as 9,831 unemployed people, including 5,590 women, were reported at the end of August 2024 by the Bucharest Employment Agency (AMOFM), which gives an unemployment rate of 0.78%.As against July 2024, when the rate 0.79%, the August 2024 rate was down 1.27%.Of the total, 1,616 people were drawing unemployment benefits, and 8,215 were not. By residential area, all 9,831 are from the urban area.The unemployed with a high school education background have the highest share in the total number, at 36.16%, followed by those with higher education (26.05%), and 19.38% vocational school/arts and crafts graduates. The unemployed with a secondary education attainment made up 15.60% of the total, those with a post-secondary education background 2.28%, while those with a primary education or no formal education, 0.53%.The composition of the registered unemployed by level of employability, established by profiles, is as follows: 1,686 persons very difficult to employ, 2,970 difficult to employ, 2,816 medium employable, and 2,359 easily employable.
ASFAT, a wholly state-owned company operating under Türkiye’s Ministry of National Defence (MoND), has signed an agreement for the delivery of the light corvette Akhisar to the Romanian Naval Forces. This transaction represents a milestone for Türkiye’s defence industry, as it is the first international sale of a combat ship built in Türkiye to a […]
Wind projects with a total capacity of almost 316 MW have been declared winners in the third auction under the Contracts for Difference (CfD) scheme, above the minimum threshold set by the Ministry of Energy, according to sources quoted by Economica.net. The third auction was organised because of insufficient projects approved under...
Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Romania-based, state-owned bank CEC Bank at BB/stable, its Viability Rating (VR) at bb, and Government Support Rating (GSR) at b, based on the bank's moderate, albeit strengthening, business profile, adequate capitalisation, and reasonable funding and liquidity. This puts the Romanian bank's rating two notches […]
Romania's Ministry of Transport blocked a key procedural step required for the listing of Bucharest Airports Company on the Stock Exchange (BVB) after opposing an item on the shareholders' agenda concerning the resumption of the auditor selection process. The vote took place at the end of November, following a request by Fondul Proprietatea, which holds […]
Romania has begun work on a specialised production facility in Măgurele, near Bucharest, that will manufacture laboratory-grade mirrors and lenses, including components for the world’s most powerful laser hosted at the adjacent research centre, Digi24 reported. The...
The Treasury set a coupon of 6.55% for the 2-year state bonds on sale in the primary retail market in December, 40 basis points from 6.95% paid in November, and 65 basis points lower compared to October. The coupons for the other maturities have decreased accordingly to 7.1% for the 4-year maturity (-25 bp from […]
